What do renewables hold in store for automation?
Significant opportunities for automation technologies and expertise to work their way into new technologies are close at hand. Applications to monitor and control renewable energy will grow from here on out regardless of the price of oil. The need for more energy and the lack of reliable supply whether due to depletion of the global supply or political discord is forcing technology’s hand. Oftentimes market booms arise when distinct technological change happens, and the move toward renewable energy sources may be such a change. ARC Advisory Group reported providing energy from a variety of sources, including renewable sources, is necessary to meet future needs in both the developing and developed regions of the world. The driving forces for the development of renewables include concerns for energy security, a global aversion to continued environmental degradation, and possible climate change. The world runs on energy, and today’s market is huge at an estimated 15,000 gigawatts. This wi